Regarding all advertised services: Agency services provided by AIG Direct Insurance Services, Inc.("AIG Direct"), CA license #0B57619 and AR license #0100105378, a subsidiary of American General Life Insurance Company (AGL), and an affiliate of The United States Life Insurance Company in the City of New York (US Life). AIG Direct operates under the name of Matrix Direct, Inc. in MD. For all companies mentioned, their financial professionals and other representatives are not authorized to give legal, tax or accounting advice. For advice concerning your individual circumstances, consult your professional attorney, tax advisor or accountant.
Radio Advertisements: Characters, including spokesperson, and situations are dramatizations.
Fifty-eight million - or half of U.S. households say they need more life insurance. The Facts of Life and Annuities (2013).
Endorsements/Testimonials. The endorsements/testimonials presented should not be construed as a recommendation to purchase or an indication of the value of any product or service. The testimonials are provided by actual AIG Direct customers who are not affiliated with AIG Direct and who were not provided compensation.
Save up to 70% savings comparison based on monthly premium rates as of 07/03/2017 for a 10-year level term policy, for face amounts of $1,000,000 issued by American General Life Insurance Company at its best published rates for a female, age 30, non-smoker.
Save up to 10% more savings comparison based on monthly premium rates as of 02/09/15 for a 15-year level term policy, for face amounts of $500,000 issued by American General Life Insurance Company at its best published rates for a male, age 40, non-smoker.
Up to 3x more comparison based on monthly premium rates as of 03/08/17 for a 10 year level term policy for selected coverage amounts, issued at each company's best published rates for a male age 40, non-smoker.
For the AGL products discussed below, rates are current as of the date each advertisement is placed and most recently confirmed as of 07/03/2017. Issuing companies, AGL and/or US Life are each responsible for financial obligations of their respective insurance products and are members of American International Group, Inc. (AIG). AGL does not solicit business in the state of New York. In New York, products may be available through US Life. Products may not be available in all states and features may vary by state.
Term Life Insurance: Advertised Rate Examples for a 35-, 40- or 45-year-old person having a $250,000, $500,000 or $750,000 are for 10-year, 15-year or 20-year term life insurance policy are based on the policy information below. Preferred Plus Underwriting Class, Policy #07007, ICC10-07007, issued by AGL (see chart below for detailed rate information). Premium charges depend on evidence of insurability. Premiums increase at the end of the guaranteed term if renewed. Death benefit remains level. The policy may be contested for two years from date of issue for material misstatements or omissions on the application. Policy is limited to return of premium paid in the event of suicide within first two years. In New York State, term life insurance is available through US Life, Policy # 09007N.
Advertised Premium Rates
American General Life AG ROP Term Life Insurance: Preferred Plus, Policy #10001, issued by AGL. Premium charges depend on evidence of insurability. AG ROP Select-a-Term® accumulates a cash value that starts no later than the fifth policy year. At the end of the level premium period, the cash value of the in-force policy equals the total of cumulative premiums paid, less any charges for substandard ratings and riders. If the client surrenders the policy, this amount is paid out, minus any outstanding loan balance. Alternatively, the same amount may be rolled into a permanent plan of insurance should the insured be eligible for and choose to exercise the conversion option. Coverage may also be continued beyond the level premium period by payment of increasing annual premiums, and the policy will continue to build cash value until the policy anniversary nearest the insured's 95th birthday when the cash value will equal the face amount of the policy. The cash value, minus any outstanding loan balance, will then be distributed as the endowment benefit if the policy is in force and the insured is then living. The cash value and endowment benefit are subject to all terms and conditions detailed in the policy. In New York State, term life insurance is available through US Life, Policy #10001N
Accidental Death and Dismemberment Insurance: Policy #12100 (Policy #05100 for FL and VA) issued by AGL. All benefits payable are subject to the terms and conditions of the policy, including benefit durations, limitations and exclusions. Not all benefits and exclusions apply in every state. Please consult the policy form and outline of coverage for details.
Accident Expense Direct Insurance: Policy #10120 and state variations issued by AGL. All benefits payable are subject to the terms and conditions of the policy, including benefit durations, limitations and exclusions. Not all benefits and exclusions apply in every state. Please consult the policy form and outline of coverage for details
Highly Rated Insurance Carriers: Every life insurance company that AIG Direct represents has been rated A- to A+ by A.M. Best for financial strength, which means they have earned one of three of the highest ratings out of 15. A.M. Best is an independent rating organization that assigns ratings measuring financial strength or claims-paying abilities with ratings from A++ (Superior) to F (in Liquidation). They consider factors such as overall operating performance, asset quality, financial flexibility, and capitalization. These ratings are current as of March 14, 2017. Each company's policies have their own terms, exclusions, limitations, and reductions for keeping them in force.